Whether I go this route or conventional financing @ 5% down, I've confirmed that the properties that we are looking to acquire are well within our means as far as PITI and cash flow on the condo; this has also been looked over and confirmed by a mortgage broker whos begun the search for a lender that will get us the best deal possible.

As a licensee, you will work for a broker.

You and I should definitely grab some coffee - I have been a hard money lender in the Charlotte market for almost 10 years and regularly work with trust deed investors, either as an advisor, or as a broker.

Especially if he's in the 35% tax bracket.If you have investment experience, my recommendation would be for you to broker the money out to other investors from your dad's account (i.e., help him be a hard money lender using the money)...though you wouldn't be allowed to get paid for that, for the same reasons as have been discussed.

If you really want to learn about your local real estate market, here are areas where you can learn about it:- Local realtors- Local brokers- Contractors- Other real estate investors- Appraisal district website- MLS- Home builders- Sales counselors for home builders- City-data.com reviews on your city- Local loan officers- Banks- Insurance agents- School teachers- School principals - City planning departmentStart more toward the top ... work your way down.

I've been a broker and also not licensed at different times.

My F/T job is "Mom" but I also have background in commercial property management/property accounting and have a California Real Estate broker license (Realtor with MLS access) which has helped be tremendously in being able to evaluate properties before making offers.

Do you have any reputable brokers you could suggest.

Im happy and the new owners absolutely love the house, cant ask for more than that. note: One broker said the house would never sell because it was on a flag lot + bad economy, keep that in mind next time you get negative feedback along the process.

To make matters worst, if you're not a party to a contract and you're bringing a buyer and seller together, you would be brokering without a license.